In the first half of January, the sugarcane crushing volume in central and southern Brazil was 605,090 tons, an increase of 3,040,900 tons year-on-year; Sugar production was 7,320 tons, a year-on-year decrease of 3,680 tons.
In the first half of January, sugar production in central and southern Brazil decreased by 3,680 tons year-on-year. Although sugarcane crushing increased by 304,090 tons, the decrease in production indicates a tightening of the supply side, possibly due to sugarcane shifting towards ethanol production or production efficiency issues. This directly benefits the spot price of white sugar and raises expectations of tight supply and demand in the global market.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.